function I = param_Data

%% Preference parameters
I.delta = 0.9989^3;                %Time preference used in Bansal, Kiku, Yaron(2012)
%I.delta = 0.994;
I.gamma = 4;                       %Risk-aversion coefficient

%% Endowment process
I.mu = 0.44/100;                     %Unconditional mean of consumption growth
I.sigma = 1.31/100;                  %Consumption growth shock volatility
I.lambda = 3;                      %Leverage ratio
I.sigma_d = 0.015;                  %Dividend growth shock volatility
I.d_c_mean = -3.22;                 %Unconditional mean of log dividend minus log consumption based on annual
I.d_c_mean_sig = 0.37;              %Unconditional standard deviation of log dividend minus log consumption

I.alpha = 0.001;                   %Degree of co-integration

% Implied mu_dc
I.mu_dc = I.d_c_mean - (I.lambda - 1) * I.mu/I.alpha;

end